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20121128
20121206
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organizations call the current law baseline. what that means is that what scheduled to go into effect already is baked into the cake. and because the bush tax cuts are expiring provisions that were voted for ten years ago, it doesn't really count as a tax hike when they're already scheduled to take effect. so as long as republicans can just keep the revenue below what taxes would raise to in full expiration of the bush tax cuts, they won't be violating the pledge. >> kevin, that sounds incredibly reasonable. do you think grover norquist shares that interpretation? >> so there's an important distinction to be made between what the pledge actually says and what americans for tax reform, his activist organization advocates for. as grover said himself, the pledge is to the american people, not to grover norquist. so it's not just, you know, republicans need grover norquist's approval for what they want to do. it's more that americans for tax reform wants to keep tax rates low despite the fact that legislation says they're just going to go up no matter if congress doesn't do anything. >> all right
Search Results 0 to 1 of about 2 (some duplicates have been removed)